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Shillingford, Tiverton, Devon, EX16

South West

£1,600,000
Listed on 22/05/2025

Property Details

Bedrooms
7
Type
Detached
Area
8463 sqft

Description

Potters is a Grade II Listed property nestled at the end of a private drive in a serene rural setting, surrounded by five acres of gently rolling countryside. Originally acquired in a state of disrepair, the current owners undertook an extensive, yet careful restoration that preserved many period features, including exposed timbers and original fireplaces, while integrating modern high-quality fixtures. The layout is expansive, encompassing both the original house and a converted barn providing additional living space. A separate cottage annex enhances the accommodation options. Although significant work has been done to restore its character, opportunities remain for further enhancement or reconfiguration, particularly in the spacious outbuildings that can be tailored to various purposes. Outside, established gardens blend with productive paddocks offering potential for horticultural pursuits or equestrian interests. Located within reach of local amenities in nearby towns and close to Exmoor National Park, this property presents an intriguing investment for those looking to capitalize on both its current charm and future potential.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -35.7% below area average per sq ft

-35.7%
Potential saving
This Property
£189/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£228
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£2,736,934
10% above area average per sq ft
Potential ROI
+47.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by -9.4% over the last 12 months
3 year growth: -12.0%
5 year growth: -3.4%
Investment Disclaimer: Analysis based on EX16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Shillingford, Tiverton, Devon, EX16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£5,708
Based on a loan of £1,200,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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